Confused brokers must get up to speed

Storm warning

As a Brexit vote approaches BLM’s Helen Devery warns confused brokers to get on top of regulation or face huge fines.

Brokers are split down the middle when it comes to assessing the impact of a ‘leave' vote in this week's EU referendum.

This was the key headline from BLM's Q2 Broker Pulse survey, which questions a wide range of UK brokers on issues affecting the broker community every quarter.

According to the survey, 42% believe a ‘Brexit' would have no impact on insurance buying habits, while 40% think it would. The remaining 18% are unsure.

Some experts - including Lloyd's - have warned that a ‘leave' vote

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